Nexage raises money, moves to San Francisco

Nexage, which is developing technology to allow consumers to watch television on mobile devices, has raised an undisclosed amount of funding from China MobileSoft founder John Ostrem. The startup also announced plans to move its headquarters from Bellevue to San Francisco.

“With this investment we will be able to expand our engineering team and build the infrastructure for our hosted mobile TV platform, allowing us to deploy customers in the pipeline. We will also be focusing on the Web 2.0 companies, who are among our target customer segment, becoming their mobile video delivery platform of choice”, said Nexage founder Devkumar Gandhi, the former Director of Technology Strategy at Nextel International.

Nexage is the latest Seattle company to head to the San Francisco Bay area, following Poniard Pharmaceuticals (formerly NeoRx), Hands on Mobile (formerly Mforma) and BitTorrent.

Nexage raises money, moves to San Francisco

Nexage, which is developing technology to allow consumers to watch television on mobile devices, has raised an undisclosed amount of funding from China MobileSoft founder John Ostrem. The startup also announced plans to move its headquarters from Bellevue to San Francisco.

“With this investment we will be able to expand our engineering team and build the infrastructure for our hosted mobile TV platform, allowing us to deploy customers in the pipeline. We will also be focusing on the Web 2.0 companies, who are among our target customer segment, becoming their mobile video delivery platform of choice”, said Nexage founder Devkumar Gandhi, the former Director of Technology Strategy at Nextel International.

Nexage is the latest Seattle company to head to the San Francisco Bay area, following Poniard Pharmaceuticals (formerly NeoRx), Hands on Mobile (formerly Mforma) and BitTorrent.